HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
76 units
Unit mix
44 × 3 BHK · 32 × 2 BHK
Towers
1
Floors
3
Land area
5,260 sq m
Built-up area
10,469 sq m
FAR sanctioned
1.99
Covered area
2,597 sq m
Open area
2,663 sq m
Land parcels
3 survey nos

Timeline

Project startedJul 2023
RERA registeredJul 2023
Proposed completionJun 2026
TodayJul 2026
Construction progress

99% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

76 units across 2 batches
TypeArea sq mCount
3 BHK10944
2 BHK8932

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

Modern Spaces

Partnership FirmPromoter type
Bengaluru UrbanBased in
5Projects
2Cities
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
764 homeson the public record across 5 projects
1,25,580 sq mbuilt-up filed
54,224 sq mland declared
₹423.34 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
BMRDA - Bangalore Metropolitan Region Development AuthorityUrban Development Authority3 of 5 projects
Anekal Planning AuthorityTown & Country Planning (DTCP)1 of 5 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project1 of 5 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Bengaluru East
District
Bengaluru Urban
Pincode
562125
Address
Survey No.40/1, Khata No: 150200100100922824 , Kadaagrahara Village, Sarjapura Hobli , Bengaluru East , Bengaluru Urban, Karnataka - 562125
North boundary
Road
East boundary
Land Bearing Survey No.40/2
South boundary
Land Bearing Survey No.30
West boundary
Remaining Land bearing Survey No.40/1
What’s nearby
SchoolsNo schools within 2km · Library 1.4km away
HealthcareHospital 1.3km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.1 km · Dabaspete - Hosur HighwayPrimary road 1.2 km · Sarjapura RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.3 km · Yamare Lake
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹28.84 Cr declared to build 76 flats. What that works out to:

₹37.95 Lakhdeclared cost per flatall-in — land + construction
₹2,559/sq ftof built-up area₹27,547/sq m
5%of the cost is land₹236/sq ft of land

This is what the promoter filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.

04

Planning authority

RERA Karnataka · Approved building plan

Local Planning Authority

Town & Country Planning (DTCP)
approved 16 May 2023 · 3 yrs ago
Building Permit no. AYP/CC/40/2023-24Survey no. 40/1

The promised possession date (1 Jun 2026) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.

The occupancy certificate — the proof that isn’t here

A sanctioned plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the sanctioned plan carries penalty or demolition risk.

Verify it yourself — look up plan AYP/CC/40/2023-24 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% plots here vs 38% statewide.

Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.